Freelancers slash health insurance costs with secret strategy

Leveraging the Affordable Care Act (ACA) Marketplaces

The ACA marketplaces continue to be a viable option for freelancers seeking affordable health insurance. By browsing these options, freelancers can compare plans and potentially qualify for subsidies based on their income level. In 2023, the average monthly premium for a benchmark plan was approximately $438 before subsidies³. However, many freelancers find that with subsidies, their costs are significantly reduced, making ACA plans an attractive option.